Procurement: Cheap And Nasty

Archives

January 17, 2009: North Korean arms exports rose to over $100 million in 2008, after a sharp drop in 2007 (because of international outrage over North Koreas nuclear weapons test in 2006.) North Korea exports lots of low level weapons (rifles, pistols, grenades, RPGs, mortars, machine-guns), but most of the money comes from the sale of large rockets and ballistic missiles (along sales of the technology and components.) In the last decade, North Korean arms sales were often over $200 million a year. This is important to them, for their total exports rarely hit a billion dollars a year. Generally, the North Koreans will sell to anyone who can pay cash, no questions asked (and no credit terms offered.)

 

X

ad

Help Keep Us From Drying Up

We need your help! Our subscription base has slowly been dwindling.

Each month we count on your contribute. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage.
Subscribe   contribute   Close